Prost! Oktoberfest. It’s a 'bear' market!
“Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.” — Bill Gross
Hey, Risers!
Under pressure, but crisis averted?
Well, the ‘bears’ were out this week with their steins. The markets swooned on fears of rising rates, the specter of a U.S. debt default and government shutdown, and soaring energy prices. One out of three ain’t bad: On Thursday, Congress extended government funding through December 3.
Before we start drink…
Keep reading with a 7-day free trial
Subscribe to 99rises Newsletter to keep reading this post and get 7 days of free access to the full post archives.